Betfair Grp Share Discussion Threads

[chancer6] 19/7/2007 15:12

One of the MMs bidding aggressively for 50K at 5.15p now. A near certainty that a large buy is on its way at 5.50p.

[chancer6] 19/7/2007 15:01

Just picked up another 10,000 shares at 5.44 pence. Hold 60,000 shares now!

[chancer6] 19/7/2007 15:00

Can only buy 10,000 shares at 5.44 pence now!

[chancer6] 19/7/2007 14:49

IMO, a large T buy could come at 5.50p towards close. A 90k buy has already come through at 5.75p and 3 * 50K sells have also been easily absorbed with L2 staying positive!

[chancer6] 19/7/2007 13:35

L2 is still positive at 3 v 2. Expecting more larger buys to surface later!

[chancer6] 19/7/2007 13:33

Good volume building again!

[chancer6] 19/7/2007 12:36

All change on Level 2. Level 2 is v.positive at 3 v 2 from 2 v 3 this morning. Tick up soon IMO.

[chancer6] 19/7/2007 12:35

A 50K buy has also come through at 5.50p. Looks like a buyer sniffing around at the 5.50p level.

[cyclingnut] 19/7/2007 11:52

they don't seem to wannna let it cut loose yet

[chancer6] 19/7/2007 10:16

WOW a 90K buy has come through at 5.75p from an hour ago. Looks like blue soon!

[mcrocker] 19/7/2007 10:08

Back into these after a long absence - useful words of caution from Thomas11 above, definitely not a share for widows or orphans but potentially lots of upside. Interesting to note maximum order size on Halifax is only 7,500 shares - when buying previously I had no problems getting >20k at a time.

[chancer6] 19/7/2007 09:57

L2 still 2 v 3. Few more buys should get these going IMO.

[thomas11] 19/7/2007 09:46

Bought a small amount today, this share should start to attract more bottom fishers ??? at the current price, good upside potential, little downside remaining.

If the company is profitable then the share price should increase nicely, however the company trading statement states it is only EBITDA profitable. This means it may of course not be profitable at all !! A good play on words from the company !!

[roverisback] 19/7/2007 00:05

disaster is staring Ebay in the face...the chart says it all



qxl/allegro=blue
ebay.de= brown

[cyclingnut] 18/7/2007 23:29

thanks jefro, we will have a look if you buy shares in BET first thing tomorrow morning.

[cyclingnut] 18/7/2007 23:28

As not to mislead see below

Shareholder Number of Shares Percentage of issued share capital
Burnbrae Limited 97,542,577 (49.52%)
Mill Properties Limited 13,120,700 (6.66%)
Vincent Caldwell 10,964,967 (5.57%)
Merrion Stockbrokers Nominees Limited 7,899,676 (4.01%)
Pershing Keen Nominees Limited 7,495,412 (3.80%)
Strand Nominees Limited 6,628,357 (3.36%)

so roughly 71% of the shares are already mopped up, this does not take into account what the directors hold.

This is gonna fly.

[roverisback] 18/7/2007 23:18

its abit hard to get spreadbets on this company but if you ask nicely you might get £100 a point or so

[cyclingnut] 18/7/2007 23:15

I spoke to the MD today, they are 49% owned by someone and I think he said the directors or someone else owns 30% which does not leave a lot to the general public!! 20-21% in my book, if t traders descend on this for the run up to the results on September it could be a BLUE bath (as opposed to a blood bath) mm's will run out of stock pretty kwik I reckon and may well jack up the price to get our shares into there mittons.

[chancer6] 18/7/2007 20:02

Hi there, No I haven't. That stock doesn't interest me! Might buy more in these tomorrow!

[cyclingnut] 18/7/2007 19:58

CHANCER

did you pile into TIR yet?

[chancer6] 18/7/2007 18:48

cyclingnut, Trades over 30,000 shares are delayed in reporting by 1 hour!

[chancer6] 18/7/2007 18:42

Good buying after a long, long while today. We had another 100K buy today again after the one last week at 5.45pence. Level 2 has been at 1 v 4 for weeks too which improved to 2 v 3. So finally, after a long while some strong positive movement should be happening in the coming days IMO.

[multisync 5] 18/7/2007 17:41

Also this should be good news for BET and many others.

Neteller Update




"The Company's pari-mutuel operation, European Wagering Services (EWS) has continued to progress well and has a growing customer base utilising various technologies to place wagers through its Isle of Man based hub, directly into race-track betting pools. The withdrawal of Neteller's services from the United States gaming market had an adverse impact on the operation in January and February of this year, whilst alternative payment solutions were sought. In light of this, the board is keen to discover the United States Treasury's proposals for the enforcement of the United States Unlawful Internet Gaming Enforcement Act (UIGEA) and how it intends to protect legal operations, such as EWS, from being disadvantaged."

[cyclingnut] 18/7/2007 16:59

well, i think the results will be good and the last announcement mentioned 'profitabilty' which is what the market loves to hear......watch and learn.